IP Library Granted Patent US 8,538,856
Granted Patent B2
US 8,538,856 · App. 12/758,437 · Granted Sep 17, 2013

Computer-based right distribution system

View Patent ↗
Loading inventors, assignments & file history…
Monitor This Case
Get email alerts when status or documents change.
Order Certified Copies
Most orders are placed with the USPTO same day — all within 24 business hours.
Order via The Patent Place →
Pre-filled with this patent's details
Quick Facts
Patent No.
US 8,538,856
App. No.
12/758,437
Granted
Sep 17, 2013
Kind
B2
Abstract

An automated ticket auctioning system receives and evaluates bid information records received from a plurality of remote terminals. Each bid information record corresponds to at least one bid for one or more desired seats at a venue. Each bid information record may also include a plurality of additional bids identified for different seats in the venue. The separate bids in each bid information record are prioritized. The automated ticket auctioning system includes a central controlling computer operable to receive the bid information records and determine, in order of priority, whether any of the bids in a bid information record is accepted. If one bid in a bid information record is accepted, all lower priority bids in that bid information record are dismissed.

Claims (45)

1. A method of distributing a plurality of priority rights, the method comprising:

receiving over a network at a computing system a plurality of bid records from a plurality of users, the bid records including bid amount data, wherein the bid amount data is associated with a quantity of priority rights being bid on;

correlating, via the computing system, a selected bid record received from a selected user with a subset of priority rights, wherein:

(a) the subset of priority rights is selected from the plurality of priority rights at least partially based on the selected bid record bid amount data, and

(b) the subset of priority rights includes a quantity of priority rights that corresponds to the quantity of priority rights being bid on,

wherein the computing system is configured to perform such correlation;

and

distributing the subset of priority rights to the selected user.

2. The method of claim 1 , wherein the subset of priority rights consists of one priority right.

3. The method of claim 1 , further comprising receiving registration information over the network from the selected user before receiving the selected bid record from the selected user.

4. The method of claim 1 , wherein at least a portion of the plurality of bid records are received via the Internet.

5. The method of claim 1 , wherein the plurality of priority rights corresponds to a plurality of event tickets.

6. The method of claim 1 , further comprising comparing the selected bid record bid amount data with a minimum bid threshold and with a maximum authorization threshold.

7. The method of claim 1 , further comprising sending a bid status notification to the selected user over a network.

8. The method of claim 1 , further comprising receiving over the network from at least one user an indication that the at least one user agrees to a set of auction rules before accepting a bid from the at least one user.

9. A system configured to distribute a plurality of priority rights, comprising:

a computing device;

a program stored in non-transitory tangible memory, that when executed by the computing device, is configured to perform operations comprising:

receiving a plurality of bid records from a plurality of users, the bid records including bid amount data, wherein the bid amount data is associated with a quantity of priority rights being bid on;

correlating a selected bid record received from a selected user with a subset of priority rights, wherein:

(a) the subset of priority rights is selected from the plurality of priority rights at least partially based on the selected bid record bid amount data, and

(b) the subset of priority rights includes a quantity of priority rights that corresponds to the quantity of priority rights being bid on,

wherein the system is configured to perform such correlation;

and

distributing the subset of priority rights to the selected user.

10. The system of claim 9 , wherein the subset of priority rights consists of one priority right.

11. The system of claim 9 , the operations further comprising receiving registration information from the selected user before receiving the selected bid record from the selected user.

12. The system of claim 9 , wherein at least a portion of the plurality of bid records are received via the Internet.

13. The system of claim 9 , wherein the plurality of priority rights corresponds to a plurality of event tickets.

14. The system of claim 9 , the operations further comprising comparing the selected bid record bid amount data with a minimum bid threshold and with a maximum authorization threshold.

15. The system of claim 9 , the operations further comprising sending a bid status notification to the selected user over a network.

16. The system of claim 9 , the operations further comprising receiving over the network from at least one user an indication that the at least one user agrees to a set of auction rules before accepting a bid from the at least one user.

17. A non-transitory computer readable medium storing instructions, that if executed by a computing device, are configured to perform operations comprising:

receiving a plurality of bid records from a plurality of users, the bid records including bid amount data, wherein the bid amount data is associated with a quantity of priority rights being bid on;

correlating a selected bid record received from a selected user with a subset of priority rights, wherein

(a) the subset of priority rights is selected from the plurality of priority rights at least partially based on the selected bid record bid amount data, and

(b) the subset of priority rights includes a quantity of priority rights that corresponds to the quantity of priority rights being bid on, wherein the computing system is configured to perform such correlation; and

distributing the subset of priority rights to the selected user.

18. The non-transitory computer readable medium of claim 17 , wherein the subset of priority rights consists of one priority right.

19. The non-transitory computer readable medium of claim 17 , the operations further comprising receiving registration information from the selected user before receiving the selected bid record from the selected user.

20. The non-transitory computer readable medium of claim 17 , wherein at least a portion of the plurality of bid records are received via the Internet.

21. The non-transitory computer readable medium of claim 17 , wherein the plurality of priority rights corresponds to a plurality of event tickets.

22. The non-transitory computer readable medium of claim 17 , the operations further comprising comparing the selected bid record bid amount data with a minimum bid threshold and with a maximum authorization threshold.

23. The non-transitory computer readable medium of claim 17 , the operations further comprising sending a bid status notification to the selected user over a network.

24. The non-transitory computer readable medium of claim 17 , the operations further comprising receiving over the network from at least one user an indication that the at least one user agrees to a set of auction rules before accepting a bid from the at least one user.

Assignments (3)
SECURITY AGREEMENT Recorded Jan 4, 2021
From: LIVE NATION ENTERTAINMENT, INC.; LIVE NATION WORLDWIDE, INC.
To: U.S. BANK NATIONAL ASSOCIATION
Reel/Frame 054891/0552 →
SECURITY AGREEMENT Recorded May 20, 2020
From: LIVE NATION ENTERTAINMENT, INC.; LIVE NATION WORLDWIDE, INC.
To: U.S. BANK NATIONAL ASSOCIATION
Reel/Frame 052718/0016 →
GRANT OF SECURITY INTEREST IN PATENTS Recorded Jun 13, 2012
From: LIVE NATION ENTERTAINMENT, INC.
To: JPMORGAN CHASE BANK, N.A.
Reel/Frame 028363/0890 →